U.S. stocks move: Gold, silver, and non-ferrous metal concept stocks generally rise; Pan American Silver (PAAS.US) up over 4%
智通财经2026/09/17 15:26Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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According to Zhihu Finance APP, ahead of the upcoming Q3 2026 earnings season for the US refining industry, Goldman Sachs has updated its earnings outlook for US refiners. Before the results release, Goldman Sachs, based on discussions with investors, is focusing on three key points of contention: (a) the outlook for mid-cycle profit margins after a tightening of global refining fundamentals and supply disruptions; (b) the price differential between light and heavy crude oil as supply from Canada and Venezuela increases; (c) capital allocation priorities, specifically how to balance maintaining a robust balance sheet, advancing internal growth projects, and returning value to shareholders.
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